Earthquake simulation breaks flops record

A team of computer scientists, mathematicians and geophysicists at Technische Universitaet Muenchen (TUM) and Ludwig-Maximillians Universitaet Muenchen (LMU) have – with the support of the Leibniz Supercomputing Centre of the Bavarian Academy of Sciences and...

Phoenix spreads its wings in Africa

Phoenix Distribution has expanded its office in Nairobi, Kenya, in a move to better serve its partners in East Africa. Simon Campbell-Young, CEO of Phoenix Distribution, says the new-look office and deliverables infrastructure will work alongside its existing agencies...

Intel revenue down in Q1

Intel has reported first-quarter revenue of $12,8-billion, operating income of $2,5-billion, net income of $1,9-billion and EPS of 38 cents. The company generated approximately $3,5-billion in cash from operations, paid dividends of $1,1-billion, and used $545-million...

Services, strategic acquisitions boost BCX

Business Connexion (BCX) released its interim financial results for the six months ended 28 February 2014 yesterday. Revenue increased by 5,5% to R37-billion, EBITDA increased by 61,8% to R421,8-million, operating profit increased by 107% to R300,3-million, cash...
Business growth is top priority

Business growth is top priority

2014 will be the year that CEOs and senior executives prioritise growth – and CIOs need to ensure technology is in place to support it. The 2014 Gartner CEO and Senior Executive Survey found that that there is currently a “risk-on” period when CEOs...

Africa bullish on mobile money, content

Business confidence in mobile content and commerce revenue growth is high in Africa, with over two-thirds of respondents in Kenya (70%) and South Africa (68%) – and almost all in Nigeria (93%) – stating their optimism. This was revealed by MEF, which has...